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Financial Efficiency Of The Bulgarian General Insurance Companies In The Context Of Financial Controlling

Author

Listed:
  • Lydmil Krastev

    (D. A. Tsenov Academy of Economics)

  • Marin Marinov

    (D. A. Tsenov Academy of Economics)

  • Valentin Milinov

    (D. A. Tsenov Academy of Economics)

Abstract

The purpose of the article is to examine the economic efficiency of the leading insurance companies (according to the "gross premium income" criterion) from the "General Insurance" branch. The research methodology is based on leading indicators for assessing the economic efficiency of the insurance company - "operating profit margin" and "return on equity". Economic efficiency indicators are also presented in the form of an index. The main results of the article are presented in figures, with an analysis of the economic efficiency of the leading insurance companies from the "General Insurance" branch. Analysis of the data shows that the leading insurance companies are performing oppositely to the General Insurance sector averages.

Suggested Citation

  • Lydmil Krastev & Marin Marinov & Valentin Milinov, 2025. "Financial Efficiency Of The Bulgarian General Insurance Companies In The Context Of Financial Controlling," Business Management, D. A. Tsenov Academy of Economics, Svishtov, Bulgaria, issue 3 Year 20, pages 87-104.
  • Handle: RePEc:dat:bmngmt:y:2025:i:3:p:87-104
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    File URL: http://hdl.handle.net/10610/5210
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    JEL classification:

    • G22 - Financial Economics - - Financial Institutions and Services - - - Insurance; Insurance Companies; Actuarial Studies

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